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Days44Days on Market
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$275,000

5915 County Road 2516, Royse City, TX, 75189

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.50 acres

Land Information

APN5320-0000-0010-10
Lot Number1
SubdivisionWade Addition #1
Land UseNon-Qualifying Ag Land (Vacant Abstract)
Legal DescriptionS5320 WADE ADDITION #1 LOT 1 ACRES 2.5
Census Tract961502
Assessed Land Value$178,130
Assessment Year2025

About this property

Build your dream home on this beautiful 2.5-acre homesite in the highly desirable Caddo Mills ISD! Nestled on a quiet road with no through traffic, this private property offers the perfect combination of peaceful country living and convenient access to nearby cities. Surrounded by mature trees, the property features a spacious cleared building site that is ready for your custom home. Many of the major improvements have already been completed, including a water meter with approximately 280 feet of water line installed, underground electric extended approximately 250 feet into the property, a completed RV pad, temporary RV hookups while you build, and a rock access road. Enjoy the serenity of country living while being just minutes from Royse City, with easy access to shopping, dining, and everyday conveniences. Greenville, Caddo Mills, and Quinlan are also nearby. Deed restrictions allow for single-family site-built homes only. No mobile homes. The RV currently on the property is temporary and is not included in the sale. This is a rare opportunity to own a build-ready acreage with valuable improvements already in place. Bring your builder and start planning your dream home today!

Investor Tools

$0Estimated Mortgage Balance
$178,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Cori Sharp

WILLIAM DAVIS REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,931
$178,130
2025
$178,130
N/A
$178,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,931
$178,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,130
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Royse City

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